In a landmark decision aimed at easing Canada’s housing crisis, the federal government has announced major changes to mortgage rules. Set to take effect starting on December 15, 2024, the announcement details a plan to expand 30-year amortizations to all first-time homebuyers and to increase the insured mortgage cap to $1.5 million. A notable componentContinue reading “government expands 30-year amortization period and raises insured mortgage cap”
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SP Singh Ahluwalia 